The Progressive Corporation (NYSE: PGR), an insurance holding company, has reported positive results for the third quarter of 2023.
- Third-quarter net premiums written increased by 20% to $15.6 billion from $13.0 billion in the corresponding period of last year
- Net premiums earned were $14.9 billion in Q3, up 20% compared to $12.4 billion reported in the third quarter of 2022
- The company reported a net income of $1.12 billion for the September quarter, marking a significant improvement from the prior-year period when reported earnings of $124.1 million
- On a per-share basis, Q3 net income was $1.89, compared to $0.20 in the same period of last year
- Meanwhile, the combined ratio decreased by 6.8 points to 92.4
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
GIS Earnings: All you need to know about General Mills’ Q2 2025 earnings results
General Mills, Inc. (NYSE: GIS) reported its second quarter 2025 earnings results today. Net sales increased 2% year-over-year to $5.2 billion. Organic sales were up 1%. Net earnings attributable to
Earnings Preview: Accenture (ACN) likely had a strong start to fiscal 2025
For Accenture plc. (NYSE: ACN), 2024 was a fruitful year marked by positive financial performance. The professional service firm effectively navigated a challenging market environment leveraging its agile business model
Signet Jewelers (SIG): Fashion remains a strong point for the jewelery retailer
Shares of Signet Jewelers Limited (NYSE: SIG) were down over 3% on Tuesday. The stock has dropped 12% over the past three months. The company faced challenges in the third
